Investigating the Relationship Between Corporate Social Responsibility and Innovation

Main Article Content

Kanokkarn Tevapitak Cooke

Abstract

This article aimed to investigate the relationship between corporate social responsibility practices and innovation performance by reviewing the literature on these topics. This article reviewed thirty-five papers and analyzed them according to the research stream. The research streams were classified into: (1) conceptual papers, (2) literature reviews of papers, and (3) research papers. This article also grouped them into four main groups according to the nature of the relationship between CSR and innovation: (1) a direct relationship between CSR and innovation; (2) an indirect relationship between CSR and innovation; (3) no relationship between CSR and innovation; and (4) diverse relationships between CSR and innovation. The indirect relationship presents both CSR and innovation as (1) a representative of other variables, (2) a moderator or mediator between CSR/innovation and other independent variables, such as growth, performance, and sustainability, and (3) a controlled variable.


 The classification of research articles provides a clear picture of the relationship between CSR and innovation, which is more complicated than how the linear positive relationship of CSR influences innovation.

Article Details

How to Cite
Cooke, K. T. (2022). Investigating the Relationship Between Corporate Social Responsibility and Innovation. Journal of Arts Management, 6(4), 2041–2059. Retrieved from https://so02.tci-thaijo.org/index.php/jam/article/view/256870
Section
Articles

References

Arjaliès, D., & Mundy, J. (2013). The use of management control systems to manage CSRstrategy: A levers of control perspective. Management Accounting Research, 24(4), 284-300. https://doi.org/10.1016/j.mar.2013.06.003

Battaglia, M., Testa, F., Bianchi, L., Iraldo, F., & Frey, M. (2014). Corporate social responsibility and competitiveness within SMEs of the fashion industry: Evidence from Italy and France. Sustainability, 6, 872-893. https://10.3390/su6020872

Bendell, B. L., & Huvaj, M. N. (2020). Does stakeholder engagement through corporate social and environmental behaviors affect innovation? Journal of Business Research, 119, 685-696. https://doi.org/10.1016/j.jbusres.2018.10.028

Bocquet, R., Le Bas, C., Mothe, C., & Poussing, N. (2017). CSR, innovation, and firm performance in sluggish growth contexts: A firm-level empirical analysis. Journal of Business Ethics, 146, 241-254. https://doi.org/10.1007/s10551-015-2959-8

Bocquet, R., Le Bas, C., Mothe, C., & Poussing, N. (2013). Are firms with different CSR profiles equally innovative? empirical analysis with survey data. European Management Journal, 31(6), 642-654. https://doi.org/10.1016/j.emj.2012.07.001

Boubakary, & Moskolaï, D. D. (2016). The influence of the implementation of CSR on business strategy: An empirical approach based on Cameroonian enterprises. Arab Economic and Business Journal, 11(2), 162-171. https://doi.org/10.1016/j.aebj.2016.04.001

Carroll, A. B. (1991). The pyramid of corporate social responsibility: Toward the moral management of organizational stakeholders. Business Horizons, 34(4), 39-48.

Chinomona, E., & Omoruyi, O. (2016). The influence of CSR, innovation and supply chain partnership on firm competitiveness. Risk Governance & Control: Financial Markets & Institutions, 6(4), 345-354.

Costa, C., Lages, L. F., & Hortinha, P. (2015). The bright and dark side of CSR in export markets: Its impact on innovation and performance. International Business Review, 24(5), 749-757. https://doi.org/10.1016/j.ibusrev.2015.01.008

Demirel, P., & Kesidou, E. (2011). Stimulating different types of eco-innovation in the UK: Government policies and firm motivations. Ecological Economics, 70(8), 1546-1557. https://doi.org/10.1016/j.ecolecon.2011.03.019

Department for International Development. (2003). DFID and corporate social responsibility. Department for International Development.

Drucker, P. F. (1985). Innovation and entrepreneurship: Practice and principles. Harper & Row.

European Commission. (2001). Corporate social responsible (CSR). European Commission.

Ghisetti, C., & Quatraro, F. (2013). Beyond inducement in climate change: Does environmental performance spur environmental technologies? A regional analysis of cross-sectoral differences. Ecological Economics, 96, 99-113. https://doi.org/10.1016/j.ecolecon.2013. 10.004

Gugler, P., & Shi, J. Y. J. (2009). Corporate social responsibility for developing country multinational corporations: Lost war in pertaining global competitiveness?. Journal of Business Ethics, 87, 3-24. https://doi.org/10.1007/s10551-008-9801-5

Halkos, G., & Skouloudis, A. (2018). Corporate social responsibility and innovative capacity: Intersection in a macro-level perspective. Journal of Cleaner Production, 182, 291-300. https://doi.org/10.1016/j.jclepro.2018.02.022

Hsu, C., Hu, A. H., Chiou, C., & Chen, T. (2011). Using the FDM and ANP to construct a sustainability balanced scorecard for the semiconductor industry. Expert Systems with Applications, 38(10), 12891-12899. https://doi.org/10.1016/j.eswa.2011.04.082

Kashmiri, S., & Mahajan, V. (2014). Beating the recession blues: Exploring the link between family ownership, strategic marketing behavior and firm performance during recessions. International Journal of Research in Marketing, 31(1), 78-93. https://doi.org/10.1016/ j.ijresmar.2013.08.003

Kozubek, R. (2015). The link between innovation and CSR. short look on bi-directional system of innovation-driven CSR and CSR-driven innovation. Organizacja I Zarzadzaine, 81, 143-153.

Lai, W., Lin, C., & Wang, T. (2015). Exploring the interoperability of innovation capability and corporate sustainability. Journal of Business Research, 68(4), 867-871. https://doi.org/ 10.1016/j.jbusres.2014.11.043

Lodsgård, L., & Aagaard, A. (2017). Creating value through CSR across company functions and NGO collaborations: A Scandinavian cross-industry case study. Scandinavian Journal of Management, 33(3), 162-174. https://doi.org/10.1016/j.scaman.2017.05.002

London, M. (2012). CSR partnership initiatives: Opportunities for innovation and generative learning. Organizational Dynamics, 41(3), 220-229. https://doi.org/10.1016/j.orgdyn.2012. 03.005

Luo, X., & Du, S. (2015). Exploring the relationship between corporate social responsibility and firm innovation. Marketing Letters, 26, 703-714. https://doi.org/10.1007/s11002-014-9302-5

MacGregor, S. P., & Fontrodona, J. (2008). Exploring the fit between CSR and innovation. IESE Business School Working, 759. http://dx.doi.org/ 10.2139/ssrn.1269334

Martínez, A. B., De Andrés, J., & García, J. (2014). Determinants of the web accessibility of European banks. Information Processing & Management, 50(1), 69-86. https://doi.org/ 10.1016/j.ipm.2013.08.001

Martinez-Conesa, I., Soto-Acosta, P., & Palacios-Manzano, M. (2017). Corporate social responsibility and its effect on innovation and firm performance: An empirical research in SMEs. Journal of Cleaner Production, 142, 2374-2383. https://doi.org/10.1016/j.jclepro. 2016.11.038

Mishra, D., Gunasekaran, A., Papadopoulos, T., & Hazen, B. (2017). Green supply chain performance measures: A review and bibliometric analysis. Sustainable Production and Consumption, 10, 85-99. https://doi.org/10.1016/j.spc.2017.01.003

Mithani, M. A. (2017). Innovation and CSR-do they go well together? Long Range Planning, 50(6), 699-711. https://doi.org/10.1016/j.lrp.2016.08.002

Morioka, S. N., & de Carvalho, M. M. (2016). A systematic literature review towards a conceptual framework for integrating sustainability performance into business. Journal of Cleaner Production, 136, 134-146. https://doi.org/10.1016/j.jclepro.2016.01.104

OECD and Statistical Office of the European Communities. (2005). Oslo manual guidelines for collecting and interpreting innovation data. OECD. http://dx.doi.org/10.1787 /97892640 13100-en

Pedersen, E. R. G., Gwozdz, W., & Hvass, K. K. (2018). Exploring the relationship between business model innovation, corporate sustainability, and organisational values within the fashion industry. Journal of Business Ethics, 149, 267-284. https://doi.org/10.1007/s10551 -016-3044-7

Ramani, S. V., & Mukherjee, V. (2014). Can breakthrough innovations serve the poor (bop) and create reputational (CSR) value? Indian case studies. Technovation, 34(5), 295-305. https://doi.org/10.1016/j.technovation.2013.07.001

Ratajczak, P., & Szutowski, D. (2016). Exploring the relationship between CSR and innovation. Sustainability Accounting, Management and Policy Journal, 7(2), 295-318. https://doi.org/ 10.1108/SAMPJ-07-2015-0058

Rexhepi, G., Kurtishi, S., & Bexheti, G. (2013). Corporate social responsibility (CSR) and Innovation–The drivers of business growth? Procedia - Social and Behavioral Sciences, 75, 532-541. https://doi.org/10.1016/j.sbspro.2013.04.058

Rodgers, W., Choy, H. L., & Guiral, A. (2013). Do investors value a firm’s commitment to social activities? Journal of Business Ethics, 114(4), 607-623. https://doi.org/10.1007/s10551-013-1707-1

Roszkowska-Menkes, M. T. (2018). Integrating strategic CSR and open innovation. towards a conceptual framework. Social Responsibility Journal, 14(4), 950-966. https://doi.org/10. 1108/SRJ-07-2017-0127

Ruggiero, P., & Cupertino, S. (2018). CSR strategic approach, financial resources and corporate social performance: The mediating effect of innovation. Sustainability, 10(3611). https://doi.org/10.3390/su10103611

Shimada, T., & Van Wassenhove, L. N. (2019). Closed-loop supply chain activities in Japanese home appliance/personal computer manufacturers: A case study. International Journal of Production Economics, 212, 259-265. https://doi.org/10.1016/j.ijpe.2016.11.010

Śledzik, K. (2013). Schumpeter’s view on innovation and entrepreneurship. SSRN Electronic Journal, 89-95. https://doi.org/10.2139/ssrn.2257783

Szutowski, D., & Ratajczak, P. (2016). The relation between CSR and innovation: Model approach. Journal of Entrepreneurship, Management and Innovation, 12(2), 77-94. https://ssrn.com/ abstract=3105355

Ueki, Y., Jeenanunta, C., Machikita, T., & Tsuji, M. (2016). Does safety-oriented corporate social responsibility promote innovation in the Thai trucking industry? Journal of Business Research, 69(11), 5371-5376. https://doi.org/10.1016/j.jbusres.2016.04.140

Upadhaya, B., Munir, R., Blount, Y., & Su, S. (2018). Does organizational culture mediate the CSR – strategy relationship? evidence from a developing country, Nepal. Journal of Business Research, 91, 108-122. https://doi.org/10.1016/j.jbusres.2018.05.042

Vanelslander, T. (2016). Seaport CSR: Innovation for economic, social and environmental objectives. Social Responsibility Journal, 12(2), 382-396. https://doi.org/10.1108/SRJ-05-2014-0066

Veleva, V., & Bodkin, G. (2018). Corporate-entrepreneur collaborations to advance a circular economy. Journal of Cleaner Production, 188, 20-37. https://doi.org/10.1016/j.jclepro. 2018.03.196

von Weltzien Heivik, H., & Shankar, D. (2011). How can SMEs in a cluster respond to global demands for corporate responsibility? Journal of Business Ethics, 101(2), 175-195. https://doi.org/10.1007/s10551-010-0708-6

Wikipedia. (2020). East Asia. Retrieved from https://en.wikipedia.org/wiki/East_Asia

World Business Council for Sustainable Development. (1999). Corporate social responsibility: Meeting changing expectations. World Business Council for Sustainable Development.

World Business Council for Sustainable Development. (2000). Corporate social responsibility: Making good business sense. World Business Council for Sustainable Development.

Wu, W., Liu, Y., Chin, T., & Zhu, W. (2018). Will green CSR enhance innovation? A perspective of public visibility and firm transparency? International Journal of Environmental Research and Public Health, 15(2), 268. https://doi.org/10.3390/ijerph15020268